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Special Surgical Center is looking at ways to decrease operating costs. The CEO thinks that...

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Accounting

Special Surgical Center is looking at ways to decrease operating costs. The CEO thinks that salaries and wages can be cut, but the companys bylaws state that salaries and wages must equal no less than 20% of the companys total costs. That 20% threshold (for 2018) was $40,980,000.00. Can the CEO justify cutting salaries, if the center performed (in 2018) 385 services, had a staffing ratio of 2.2, and the average wage was $43,400

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